VARNER PE AS

1396 BILLINGSTAD

Finances

Return on Equity

19,78 %

Current Ratio

8 477,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 975 000	140 778 000	−5 498 000	97 535 000
Net Income	258 217 000	139 751 000	−5 429 000	98 915 000
Total Assets	1 305 824 000	1 047 493 000	825 157 000	830 250 000
Total Equity	1 305 671 000	1 047 454 000	824 795 000	830 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 975 000	140 778 000	−5 498 000	97 535 000
Expenditure	869 000	844 000	775 000	709 000
Operating Profit	258 106 000	139 934 000	−6 273 000	96 826 000
Financial Income	2 285 000	750 000	1 199 000	2 687 000
Financial Costs	2 097 000	931 000	355 000	573 000
Financial Balance	188 000	−181 000	844 000	2 114 000
Earnings Before Tax	258 293 000	139 753 000	−5 429 000	98 940 000
Tax	77 000	1 000	0	25 000
Net Income	258 217 000	139 751 000	−5 429 000	98 915 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	273 000	274 000	268 000
Total Current Assets	1 305 557 000	1 047 221 000	824 883 000	829 982 000
Total Assets	1 305 824 000	1 047 493 000	825 157 000	830 250 000
Total Retained Equity	908 708 000	650 491 000	510 740 000	516 169 000
Total Equity	1 305 671 000	1 047 454 000	824 795 000	830 224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	154 000	39 000	363 000	26 000
Total Equity and Debt	1 305 824 000	1 047 493 000	825 157 000	830 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 975 000	140 778 000	−5 498 000	97 535 000
Other Income	0	0	0	0
Revenue	258 975 000	140 778 000	−5 498 000	97 535 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	869 000	844 000	775 000	709 000
Operating Profit	258 106 000	139 934 000	−6 273 000	96 826 000
Financial Income	2 285 000	750 000	1 199 000	2 687 000
Financial Costs	2 097 000	931 000	355 000	573 000
Financial Balance	188 000	−181 000	844 000	2 114 000
Dividends	0	0	0	0
Net Income	258 217 000	139 751 000	−5 429 000	98 915 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	268 000	268 000	268 000	268 000
Total Fixed Assets	268 000	273 000	274 000	268 000
Stock	0	0	0	0
Total Investments	1 108 404 000	978 987 000	764 991 000	742 261 000
Cash, Bank	196 733 000	68 141 000	59 286 000	87 721 000
Total Current Assets	1 305 557 000	1 047 221 000	824 883 000	829 982 000
Total Assets	1 305 824 000	1 047 493 000	825 157 000	830 250 000
Total Equity	1 305 671 000	1 047 454 000	824 795 000	830 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	124 000	39 000	363 000	0
Total Current Debt	154 000	39 000	363 000	26 000
Total Equity and Debt	1 305 824 000	1 047 493 000	825 157 000	830 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,78 %	13,34 %	−0,66 %	11,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,66 %	99,4 %	114,1 %	99,27 %
Current Ratio	8 477,64	26 851,82	2 272,4	31 922,38
Quick Ratio	8 477,64	26 851,82	2 272,4	31 922,38
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %